BOP (Business Owners Policy) for Bakeries
A BOP, or Business Owners Policy is an insurance package specifically designed for small businesses like your bakery. A typical BOP includes General Liability, Property Coverage, Business Interruption Insurance, Crime Insurance, and even Commercial Auto Insurance. This means that in addition to protecting your assets from a lawsuit, your bakery structure, delivery vehicles, bakery contents, and your specialized baking equipment would also be protected.
Most BOP's also cover loss of income. This would come in handy in the event of a loss where petty cash is missing or destroyed, or is there is a loss that prevents you from opening the bakery back up and generating income. A BOP is a great way to save some money over buying the individual stand-alone coverages, and when it comes to running a bakery, this is a very important detail.
“BakeryInsurance.org found me a plan that had everything a retail doughnut shop could ever need in business coverage. No superfluous fees or costs for things I didn’t need. I pay less than I would for general business coverage because they found a plan that tailored to MY business needs, and I feel well taken care of.”
“I don’t know what I would have done if BakeryInsurance.org hadn’t found me the plan that would cover nearly all of my expenses after a fire destroyed half the town, including my shop, The Sandwitches. I was beside myself. I worked for ten years to make that shop successful and it was all gone in an afternoon. Luckily, BakeryInsurance.org directed me to a plan that covered fires and I am in the process of rebuilding right now. I wouldn’t have been able to do it otherwise.”
“Some young kids broke into the deli late at night and cleaned out the cash register. They were having some fun, too, spray-painting all the walls. I’m a good, clean businessman and was appalled. I’m so glad I let BakeryInsurance.org take care of finding me an insurance plan because I probably would have never thought to look for that. The provider they connected me with helped me clean up their mess, thank God.”